CADJPY
Waiting for the price to reach the marked zone of the trendline that makes resistance.
Note that the price has been respected 4 times in that trendline (resistance), so we hope that the price will seek that resistance zone to go down.
We will wait for the price to reach the marked area, we will wait for confirmation, and we will go short (sell), until the trendline that supports.
Waiting for the price to reach the marked zone of the trendline that makes resistance.
Note that the price has been respected 4 times in that trendline (resistance), so we hope that the price will seek that resistance zone to go down.
We will wait for the price to reach the marked area, we will wait for confirmation, and we will go short (sell), until the trendline that supports.